IFS Interim Report January–March 2013: Gaining efficiency for continued growth.

4/18/2013 2:00 AM EST
January–March 2013 (1st quarter) · License revenue amounted to SKr 84 million (Q1 '12: SKr 83 million), an increase of 6 percent currency adjusted. · Maintenance revenue was SKr 226 million (Q1 '12: SKr 222 million), an improvement of 6 percent currency adjusted. · Consulting revenue amounted to SKr 310 million (Q1 '12: SKr 335 million), a decrease of 4 percent currency adjusted. · Net revenue was SKr 621 million (Q1 '12: SKr 643 million), an improvement of 1 percent currency adjusted. · EBIT amounted to SKr -92 million (Q1 '12: SKr 13 million), including one-off costs for efficiency program amounting to SKr 92 million. · Cash flow after investments was SKr 67 million (Q1 '12: SKr 94 million). · Earnings per share after full dilution amounted to SKr -2.94 (Q1 '12: SKr 0.27). Outlook For 2013, IFS expects strong license revenue growth and an improvement in EBIT.
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IFS

IFS is a public company (XSTO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite built on SOA technology. IFS focuses on agile businesses where any of fo...

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5/22/2013 1:25 PM EST
In a recent study from Bloomberg Businessweek Research Services, 73 percent of decision-makers said that supply chain visibility that optimizes real-time data was becoming increasingly important. Put this together with another piece I read on five questions which CEOs should ask about their supply chain, and decision makers agree that...
5/21/2013 10:45 AM EST
No… and yes. After-market customer service is a critical component of long-term commercial and business success. And today more than two-thirds of employees work in the service sector. But, yes lots of time is wasted in the inefficient delivery of service. Let me explain.
5/14/2013 7:19 AM EST
In this post I want to share tangible and intangible mobility returns for two roles that are typical of any company; the sales executive and the project manager.
5/10/2013 4:49 AM EST
Lasting one extra day this year, the IFS World Conference delivers 24 more hours of networking and knowledge-sharing, and even more reasons to attend. Here are six of the best reasons why you should consider joining us this year...
4/25/2013 7:48 AM EST
IFS has released a new solution for inventory planning. Even though the solution is a brand new development it was heavily inspired by a product extension that had been offered to our Scandinavian customer base for over ten years. In order to be able to offer this product globally it was included as a part the core IFS Applications. As we included the extension into core we also made some major enhancements of the solution. The most significant being vastly improved performance.
4/18/2013 4:41 AM EST
Borg van Katwijk, Financial Director at Visser & Smit Marine Contracting said, “Our workforce is becoming increasingly mobile. By using business apps, such as IFS Notify Me, our employees are no longer required to be at their desks. IFS Notify Me enables them to approve purchase orders and invoices at any time and at any location—at home, at the office, or on the go. This boosts productivity and ensures up-to-date information in our central ERP system.
4/2/2013 5:23 AM EST
I like free stuff as much as the next person. Although I know very well that nothing is free. So what’s the problem? More and more, I find myself disappointed over the fact that “free” means that the product I’m consuming is less than its potential; less than I expect it to be.
3/28/2013 7:53 AM EST
Mixed mode manufacturing means that you combine make-to-stock (MTS) and make-to-order (MTO) in one common supply chain. The value proposition of this is that you can strike a balance between efficiency and flexibility across the product range by assigning different supply models to different products. In order to implement a strategy for a process manufacturing company it is important to have an enterprise software system such as IFS Applications that can support not only industry specific requirements for example formulations and multiple units of measure, but also mixed mode manufacturing.
3/27/2013 10:27 AM EST
I have just returned from three months paternity leave, and I must say that in addition to enjoying time with my kids it has been quite refreshing to experience IT “out of business”. Rather than reading IT press, the last few months I have seen how the iPads and Windows 8 devices work in the hands of my kids, their cousins, aunts, uncles, and grandparents.
3/25/2013 6:07 AM EST
Did you know that 90% of information available today is created within the last two years? Have you ever thought about the business advantages to learn how to use these tools in business? Have you encountered the risk if you don’t?

Media

Martin Gunnarsson IFS
Jason Andersson IDC
Glenn Arnesen CEO IFS Scandinavia
Heidi Ulmo CFO Hafslund
Jason Andersson Program Director IDC
IK4-IDEKO Plant
Joakim stolt CIO Beijer electronics
Dan Matthews CTO IFS
Leif Karlsson
Emil Andrén, Acting Manager Support at Mälarenergi
Thomas Säld, VP Research & Development, IFS.
Jac Currie, CIO at Brightpoint.

Quotes

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Emirates is one of the world’s most dynamic airlines and its new engine overhaul facility will undoubtedly set new industry standards in MRO process efficiency "
Ian Fleming, Managing Director, IFS Middle East, Africa and South Asia
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Without a robust MDM solution it will be nearly impossible to secure a mobile device and enable a full or partial wipe in case of theft or loss of the device "
IDC Program Director Jason Andersson
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MDM may well support remote management of an installed base of devices such as locking users into a kiosk mode or wiping data from a stolen or lost device "
Martin Gunnarsson, director, IFS Research & Strategy
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We have carried out an extensive evaluation of leading business application vendors and we are confident that IFS is our preferred partner in modernizing our IT/IS environment "
Frederik Hvistendahl, Managing Director, Apply Sørco
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The complex nature of Sevan Drilling’s global onshore and offshore operations require a best-practice industry solution that can handle and streamline all core business processes "
IFS Scandinavia CEO Glenn Arnesen
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Ensuring a competitive advantage and enabling an even more productive workforce that gets access to correct data, even when they are on the move, is a critical success factor in the future and a major focus for mobility solutions. Mobility and mobile data solutions are part of the core foundation for ICT industry growth up to 2020. "
IDC Program Director Jason Andersson
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We chose IFS Applications because it best met our need for comprehensive business support in one packaged solution "
Vantaa Energy Chief Financial Officer Maija Siikilä